EVENING. Business.

Ford, Mazda in Thailand: Ford Motor Co. and Mazda Motor...

November 30, 1995

Ford, Mazda in Thailand: Ford Motor Co. and Mazda Motor Corp. said they have formed a joint venture in Thailand to make pickup trucks, their first major project since the companies agreed two years ago to strengthen ties. The new venture, AutoAlliance (Thailand) Co., will spend about $470 million to build a plant about 75 miles southeast of Bangkok, the firms said. The plant, with a work force of 2,000, will begin production in mid-1998 with a capacity of around 135,000 pickup trucks a year.